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Same credit card different accts same household

Anonymous
Not applicable

Same credit card different accts same household

Is it okay to have the same credit card 4 times in the same household between 4 family members, but different account numbers ?  What is the protocol for reporting income?

Thanks

Message 1 of 3
2 REPLIES 2
simplynoir
Community Leader
Mega Contributor

Re: Same credit card different accts same household

For the first part yes if I'm understanding that question correctly. You all applied for the same product is all that is. And with income you should be reporting individual/couple income as aplicable and not as a whole household. That's just asking for trouble if you have to provide POI/IV if anyone ever comes under AA/FR.

Message 2 of 3
AverageJoesCredit
Legendary Contributor

Re: Same credit card different accts same household

Sounds like an issue waiting to happen somewhere down the roadSmiley Wink. But agreed, use your income and if married your spouse. Dont complicate things further.
Message 3 of 3
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